• Lear average current ratio for 2023 was 1.36, a 1.49% decline from 2022.
• Lear average current ratio for 2022 was 1.34, a 2.9% increase from 2021.
• Lear average current ratio for 2021 was 1.38, a 6.15% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.